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question 38

Multiple Choice

_{53. The purpose of is to recognize U.S. companies for their achievements in quality and business performance}
And to raise awareness of how quality and performance excellence can be used to create a competitive edge.

• A) ISO 9000 certification
• B) the Baldrige Award
• C) the Herzberg Award for Excellence
• D) Kanban certification
• E) the Gantt Award

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Definitions:

Insolvent

A financial state in which an individual or entity cannot meet its debt obligations as they come due because its liabilities exceed its assets.

Stock Warrants

Securities that give the holder the right to purchase company stock at a specified price before a certain date.

Redeemed

Refers to the act of repaying or buying back something, such as a financial security or a reputation.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when entrusted with care of money, property, or confidential information.